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@ no₿ody™️🧱
2023-03-10 09:16:51
When something you want/need more of gets cheaper to buy, you acquire more of it.
When something you don’t want/need gets cheaper, you usually do not acquire more of it.
“Supply and demand” also is real.
This, ladies and gentleplebs, is the framework for my big-brained thesis on bitcoin and “crypto”:
✨Fuck shitcoins, stack sats✨
The price of bitcoin is noise until it’s simply The Money, everywhere and for everyone. Trading the noise 99.69% of the time ends up being a mistake in the long run as timing “crypto” pumps and locking in profits as sats in cold storage for 10+ years simply doesn’t happen, not for retail investors at least. None of us will win at that game and those who do play it, deep down, are fueled by delusions of grandeur. Lambos, mansions, all that shit.
Stacking gweis or hexes or ripples or whateverthefuck in the same sense as “stacking sats” would also be a terrible idea. It’s all invented by those who issue themselves the bulk of the supply, centralized, unnecessary, dumb. ‘Transitory’ if you will.
Meanwhile, Bitcoin already exists, works, and can’t be fundamentally manipulated or turned off by anyone. Thus, “being into crypto” aka shitcoining inherently necessitates at least one of the following beliefs:
-the fruits of your own labor are worth risking
-the scarcity of money simply doesn’t matter
-Bitcoin will fail and, miraculously, token X running on shitchain Y will survive in the same environment that killed it
-money that’s issued and controlled by someone else is your only option
-money with gatekeepers woven into every level is acceptable
-Bitcoin is so complicated, and has such little development of better tools, that normal people will literally never be able to use it
I have plenty of confidence that none of these things is true.
I may be preaching to the choir here on nostr but there are probably more traders, shitcoiners, and people who don’t have custody of their sats (sorry but it’s just as bad) among us than it might seem on the surface. This note is for them.
We all know life can be hard as fuck, and *everyone* is desperate most (if not all) of the time for hope that we can provide for our future selves and our families, but unfortunately that’s no excuse to be retarded - in fact, it’s quite a good reason not to be. “Just say no” to being pushed farther out on the risk curve every year as the supply of fiat accelerates while our income doesn’t. It doesn’t need to be like that, and it’s not healthy for us as human beings.
Some people read stuff like this and say “yeah well you’re just pumping *your* bags you stupid maxi.” Noh.
First off, most of us don’t even own a whole bitcoin so gfy. Secondly, you need to grow the fuck up and do what you can for yourself instead of comparing yourself to your own unfounded assumptions of others, so gfy again.
All we who actually work for our money need to know is there will eventually be about 2.1 quadrillion units of base-layer universal money, and right now we can buy them with chronically inflationary, debt-based currency that already has one foot in the grave, which we’re pretty much forced to be paid in anyway.
This is all just an explanation of why I choose to stack sats constantly, keep them in cold storage, never even consider selling them back to fiat, validate all of my transactions (and all of yours) with my own actual open-source node, and don’t fuck with shitcoins. Pretty simple if you ask me.
Idk about you all, but I’m in this (life) for the long haul and would prefer not to have to explain to my potential future grandkids that I knew these things and still managed to fuck it up. https://nostr.build/i/nostr.build_48d739757113d4f2d50331895e4ab1190f138bbdbf78c20545329a4b471ff552.jpeg